THEORIES OF COMPETITION AND MARKET PERFORMANCE - MULTIMARKET COMPETITION AND THE SOURCE OF POTENTIAL ENTRY

被引：5
|
作者：
VANWITTELOOSTUIJN, A
机构：
[1] Faculty of Economics and Business Administration, University of Limburg, Maastricht, 6200 MD
来源：
ECONOMIST | 1992年 / 140卷 / 01期
关键词：
D O I：
10.1007/BF01849806
中图分类号：
F [经济];
学科分类号：
02 ;
摘要：
An important issue in the theory of industrial organization involves the question of market performance. This paper deals with the static-dynamic efficiency trade-off. Theories of competition are reviewed and classified. The concept of workable competition offers a verbal listing of conditions facilitating both efficiency dimensions. A crucial feature of workable competition is the force of potential rivalry. The study of sources of potential entry and market games identifies cases of intermediate competition which can serve as a welfare-theoretic yardstick for the evaluation of market performance. The nature of multimarket competition proves to be essential.
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页码：109 / 139
页数：31
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